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Search Result for “billion baht”

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GENERAL

Dusit International says internal conflict not affecting operations

Molpasorn Shoowong, Published on 16/05/2025

» SET-listed Dusit International confirmed that the internal conflict within its major shareholder, Chanut and Children Co, owned by the heirs of the company’s founder, should not impact the company’s operations or lead to a trading suspension on the market. 

GENERAL

Panel to discuss stimulus measures on Monday

Wichit Chantanusornsiri, Published on 16/05/2025

» New economic stimulus measures will include short-term investment initiatives, spanning four to five months, designed to sustain economic growth of at least 2% this year, according to finance permanent secretary Lavaron Sangsnit.

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GENERAL

Thailand's fuel consumption ticks up y/y in Q1

Published on 16/05/2025

» Thailand's fuel consumption rose by 1.3% year-on-year to 158.6 million litres per day (MLD) in the first quarter, with diesel and gasohol usage falling, in line with economic circumstances in early 2025, says the Department of Energy Business.

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THAILAND

Premchai, 14 others report to police over Bangkok tower collapse case

Published on 16/05/2025

» Premchai Karnasuta, president of Italian-Thai Development Plc (ITD), and 14 other people reported to police on Friday over criminal charges in connection with the collapse of the State Auditing Office skyscraper in Bangkok that resulted in 92 deaths.

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GENERAL

Singapore Airlines to pay staff over 7 months’ bonus

Published on 16/05/2025

» Singapore Airlines will reward employees with a profit-sharing bonus worth over seven months after delivering full-year net income of S$2.78 billion (71 billion baht) that beat analyst estimates. 

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LEARNING

17 arrest warrants issued over SAO building collapse

Gary Boyle, Published on 16/05/2025

» The Criminal Court on Thursday approved arrest warrants for 17 people, including construction tycoon Premchai Karnasuta, in connection with the collapse of the 2.1-billion-baht State Audit Office building in Bangkok.

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THAILAND

Senate panel demands referendum on casino bill

News, Post Reporters, Published on 16/05/2025

» A Senate special committee examining the proposed casino-entertainment complex bill has called for a referendum on the controversial project, warning the draft bill may contravene the constitution if passed into law.

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GENERAL

CPF records profit surge of 642% to B8.55bn in Q1

Business, Published on 16/05/2025

» Charoen Pokphand Foods Plc (CPF), an agro-industrial and food conglomerate, reported a record-breaking performance in the first quarter with a net profit of 8.55 billion baht, up 642% year-on-year.

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GENERAL

Thai ESG X to draw 40% of LTF capital

Business, Nuntawun Polkuamdee, Published on 16/05/2025

» High-income investors are likely to shift their long-term equity fund (LTF) investments to Thai ESG Extra (ESG X) funds, with roughly 40% of the 150-160 billion baht worth of outstanding LTF capital migrating to these new funds, say fund managers.

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GENERAL

Major players post bumper Q1 profits

Business, Yuthana Praiwan, Published on 16/05/2025

» Major energy firms managed to reap profits in this year's first quarter, despite a global economic slowdown and geopolitical conflicts.